In addition to the HTC One M9, HTC is also launching the VIVE, a VR headset. While it may seem a bit strange that HTC is doing this, it makes sense once one realizes that the VIVE isn’t designed as a mobile VR solution at all. Instead, this is a product of HTC’s connected devices division, which is the same group that made the HTC RE.
I was definitely quite skeptical of HTC doing a VR headset. But the key here is that HTC has partnered with Valve to be the first OEM to ship a consumer version of SteamVR which means that this is tethered to a PC rather than utilizing a phone or some other mobile device, and using Valve's tracking and input...